Marks & Spencer clothing sales fall again
British retailer Marks & Spencer on Thursday posted a seventh consecutive quarterly fall in underlying general merchandise sales, as the group failed to show any improvement in its range...
Retail
Retail sales: China will overtake the United States in 2016
Retail sales in China are expected to reach 4,200 billion dollars in 2016, surpassing the U.S. market for the first time, according to a study by PwC.
Shazam is creating a clothing recognition app
The music finder app is broadening its horizons to create an app that allows users to finf clothing items they have seen on TV on the Internet.
Otto aims to make 8 billion in online sales by 2015
German retailing giant Otto is looking to hit 8 billion euros in online sales by 2015 following a reported revenue of 5.7 billion this year. In the pipeline for the retailer is a new...
J.C. Penney board comes under fire for CEO switch
The board of J.C. Penney Co Inc is facing scathing criticism from retail investors and corporate governance experts after ousting Chief Executive Ron Johnson and replacing him with his...
Nordstrom adds second Toronto store to Canadian expansion
U.S. luxury retailer Nordstrom Inc is expanding its push into Canada, announcing plans on Monday to open a second namesake department store in Toronto in the fall of 2016.
Paralympian amputee stars in 'diverse' Debenhams ads
A British Paralympic athlete with one leg amputated below the knee is to star in an advertising campaign for Debenhams along with a model who is missing her left forearm.
John Lewis sales get Easter boost
Sales at Britain's biggest department store group John Lewis rose 23.1 percent last week on the same week a year ago as shoppers took advantage of the Easter break to snap up technology...
Qatari investors to buy 100% of Printemps
Qatari investors are set to buy 100 percent of French department store Printemps, official documents seen by Reuters show.
Chinese overtake Germans as biggest spending tourists
Chinese tourists have overtaken Germans as the world's biggest-spending travelers after a decade of robust growth in the number of Chinese holidaying abroad, the United Nations World...
Demand for space in U.S. strip malls still weak in first quarter
Limited supply of new U.S. strip malls helped offset weak demand for space in the first quarter, easing the national vacancy rate to 10.6 percent from 10.7 percent the prior quarter,...
Zalando moves from virtual to physical in Milan
Zalando is moving offline in Italy in a bid to bridge the gap between traditional retailing and e-commerce, opening a pop-up store in Milan between 9 and 14 April.
Luxury spending in Europe hit by drop in tourist demand
At the seven-story retail temple that is Louis Vuitton's flagship store in Paris, there are signs of a slowdown in spending by Asian tourists - the recent driving force in a European...
JC Penney's home revamp is make or break for CEO Johnson
It's crunch time for J.C. Penney Chief Executive Ron Johnson. The struggling department store chain is poised to open the first of its new home goods boutiques on April 5, a launch that...
Qatari investors to buy 100 pct of Printemps
Qatari investors are set to buy 100 percent of French department store Printemps, official documents seen by Reuters show.
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